Asheville NC Multi-Family Homes

Scroll down to find the latest multi-family homes for sale in Asheville, NC. You may also be interested in browsing Western NC multi family homes for sale.

Asheville Multi Family Homes for Sale

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26 Gracelyn Road Asheville NC 28804

Asheville, NC26 Gracelyn Road

Price$625,000

Est. Mortgage: $/month

MLS Number CAR3724102

  • MultiFamily
  • MLS Status Active
  • Bedrooms 6
  • Square Feet 2916
  • Year Built 1927

Well maintained, vintage tri-plex between Merrimon and Kimberly Avenues, perfectly situated less than 3 miles from downtown with easy access to vibrant North AVL and historic Grove Park. Sweet private back yard for tenant enjoyment, common laundry on site, separate single garage for additional storage. 2019 roof, whole basement sealing system and updated units. Fully occupied, all leases terminate in August. This is a unique opportunity for the savvy investor!

Listed by Lisa Yoli of EXP Realty LLC

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$/month over payments
Federal 30-year interest rate: 3.04% last updated on Apr 15, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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73 King Street Asheville NC 28804

Asheville, NC73 King Street

Price$265,000

Est. Mortgage: $/month

MLS Number CAR3729632

  • MultiFamily
  • MLS Status Active
  • Bedrooms 3
  • Square Feet 1251
  • Year Built 1929

Fabulous location just north of downtown. Income producing duplex just blocks from UNC Asheville, along the Weaver Greenway and minutes from downtown. Home has fantastic rental history. Current tenants of front duplex in place until end of May. Tenant in back in place until end of June. Lots of options with this property. Continue to use as a duplex or easy conversion to a single family home. This is a great investment property at a very low price for this area. House sold as-is! Lockbox/Key, Showing Service. Showings may be limited due to tenant occupancy. Home is agent-owned. --

Listed by Anna Peddy of Preferred Properties

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$/month over payments
Federal 30-year interest rate: 3.04% last updated on Apr 15, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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9 Short Street Asheville NC 28801

Asheville, NC9 Short Street

Price$750,000

Est. Mortgage: $/month

MLS Number CAR3726954

  • MultiFamily
  • MLS Status Active
  • Bedrooms 3
  • Square Feet 2519
  • Year Built 1905

Looking for unparalleled walkability and charm? This historic property is exactly what you're looking for. Walks to All Day Darling, Montford Roof Top Bar, The Grove Arcade, Chiesa, and Nine Mile are 4, 4, 6, 7 and 11 minutes respectively. Recently renovated kitchens and bathrooms while preserving the charm and quality materials from the beginning of the last century make this the one to see before it's gone. The private, fenced backyard make this the perfect urban oasis. Live in one unit and rent out the other. A simple alteration would make this an excellent candidate for a homestay/short term rental situation.

Listed by Brad Puffer of Keller Williams Professionals

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$/month over payments
Federal 30-year interest rate: 3.04% last updated on Apr 15, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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21, 42, 9999 Robert Clayton Drive Asheville NC 28805

MLS Number CAR3725088

  • MultiFamily
  • MLS Status Active
  • Bedrooms 6
  • Year Built 1956
  • Acreage 4.59

Location! Minutes to the Blue Ridge Parkway and sits just outside the Asheville City limits. Conveniently located level 4.59 acres off HWY 70/Tunnel Rd with city water and sewer, this property is ideal for investors or builders who love renovation projects! Property includes 4 structures: 3 homes (1 is condemned) and 1 single wide that will likely need to be removed. R-2 zoning permits: Single Family, 2 Residential Units (attached or detached), Multifamily residential units (No more than 8 units in no more than 4 buildings), Subdivisions; property being sold "AS-IS" -- buyer to verify all zoning/property uses. Total of 4.59 acres- 1.79 acres PIN# 9678-48-0491 and .83 acres portion of PIN# 9678-48-1029 Deed Book 4617/262 and 1.97 acres of PIN#9678-38-9219 Deed Book 5949/666. Seller is keeping bottom portion of property: NOT for sale. Listing agent accompany. No drive-bys; do not enter homes for safety purposes. Take a look from bird's eye view: https://youtu.be/TWBlAJddM4c

Listed by Clarissa Marshall of EXP Realty LLC

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$/month over payments
Federal 30-year interest rate: 3.04% last updated on Apr 15, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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114 & 114.5 Clingman Avenue Asheville NC 28801

MLS Number CAR3727323

  • MultiFamily
  • MLS Status Active
  • Bedrooms 4
  • Square Feet 2399
  • Year Built 1915

Great opportunity to own an income producing property walking distance to Downtown Asheville and River Arts! Good rental history. Live in the main house and lease out the back or lease them both. One PIN that includes two structures with separate gas, and electric, but shared city water/ sewer. The total HLA for the two dwellings is 1810sf (1221sf front house & 589sf back house). 114 Clingman rents for $1675 (ends 6/2/21) & 114.5 Clingman rents for $1200 (ends 7/31/21). Listing agent related to seller.

Listed by Stoner Giltz of Tessier Associates

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$/month over payments
Federal 30-year interest rate: 3.04% last updated on Apr 15, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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12 Mardell Circle Asheville NC 28806

Asheville, NC12 Mardell Circle

Price$650,000

Est. Mortgage: $/month

MLS Number CAR3724506

  • MultiFamily
  • MLS Status Active
  • Bedrooms 6
  • Square Feet 2859
  • Year Built 1951

INVESTMENT OPPORTUNITY! This fully rented and well maintained West Asheville 4-plex would be a smart addition to your investment portfolio with room to increase rents and your return on investment. The property features two 2 bedroom/2 bath units both with stackable washer/dryer and two 1 bedroom/1 bath units. All the units are well maintained, have hardwood floors, ample sized rooms, and each unit has its own outdoor space. Additional opportunity to expand your investment by purchasing the vacant .38 acre RM8 lot next door.

Listed by Luiz Leonetti and Mike Miller of Town and Mountain Realty

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$/month over payments
Federal 30-year interest rate: 3.04% last updated on Apr 15, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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83 Hampton Street Asheville NC 28803

Asheville, NC83 Hampton Street

Price$285,000

Est. Mortgage: $/month

MLS Number CAR3716249

  • MultiFamily
  • MLS Status Active
  • Bedrooms 3
  • Square Feet 1344
  • Year Built 1930

Investment opportunity with guaranteed rents for several months! Possible owner financing. Only 4 mins to Biltmore Village and 10 mins to downtown Asheville; convenient to I-40, everything south Avl and beyond. Guaranteed rents for Unit A until August 2022 and Unit B until September 2021. Separate electric meters, newer metal roof, efficient heat pumps. Washer and electric dryer closets in both units (w/d owned by tenants). Exterior has fresh new paint and Unit B was just renovated with brand new vinyl plank flooring and fresh new paint throughout. Spacious, level and sunny backyard ideal for vegetable garden, play area and barbeques! Neighborhood garden, baseball field, community center and playground just a few houses down the street. **Drive-by is encouraged before scheduling a showing; please don't disturb tenants. Listing Agent is owner.

Listed by Lisa Gurney of Exit Realty Vistas

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$/month over payments
Federal 30-year interest rate: 3.04% last updated on Apr 15, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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13 Oakmont Terrace Asheville NC 28806

Asheville, NC13 Oakmont Terrace

Price$390,000

Est. Mortgage: $/month

MLS Number CAR3718145

  • MultiFamily
  • MLS Status Active
  • Square Feet 681
  • Year Built 1950
  • Acreage 0.65

INVESTMENT opportunity in West Asheville! .65 acre parcel with at least 2 building lots.Possible to have up to 4 lots if approved by city. Zoned residential multi-family. Can build: Single family, townhomes, duplex or apartments. Potential to build up to up to 16-20 units. Multi-level dwellings would provide mountain views. Land is gently sloping and units could have lower levels or below level parking depending on type of build and city zoning. Home is in good condition with a 2019 roof, hardwood floors, replacement windows and deck overlooking large beautiful fenced backyard. Can rent the existing home and have at least 2 additional building lots for new single family homes. Approximate lot size is 9000 SqFt. 16X28 storage shed is great for workshop or storage. City water, city sewer currently connected to home.Possible to connect for multi-family development. Buyer to verify utility connections & fees with the City. Natural gas connection is available.

Listed by Jana Osada of Keller Williams Elite Realty

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$
%
$/month over payments
Federal 30-year interest rate: 3.04% last updated on Apr 15, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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1 Sycamore Street Asheville NC 28804

Asheville, NC1 Sycamore Street

Price$458,999

Est. Mortgage: $/month

MLS Number CAR3722076

  • MultiFamily
  • MLS Status Active
  • Bedrooms 5
  • Square Feet 1162
  • Year Built 1923

INVESTORS - Don't miss this opportunity! County is stating the property is subdividable. 2 homes on .6 acres with proven rental history. 3 bed 1 bath w/ laundry hookup in main house, 2 bed 1 bath in guest house. Utilities are separate. Main house has been rewired with 200 amp electric recently and HVAC is 8 years old. Has been updated with some new windows and freshly painted inside and out. 3 mile drive to downtown Asheville & 2 mile drive to Beaver Lake.

Listed by Ashley Sandahl of RE/MAX Mountain Living

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$
%
$/month over payments
Federal 30-year interest rate: 3.04% last updated on Apr 15, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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96 Madeline Avenue Asheville NC 28806

Asheville, NC96 Madeline Avenue

Price$485,000

Est. Mortgage: $/month

Active With Contract

MLS Number CAR3721733

  • MultiFamily
  • Bedrooms 1
  • Square Feet 1724
  • Year Built 1951
  • Acreage 0.42

Cover your mortgage and then some with this updated multi-family home in the heart of Asheville's historic Malvern Hills. Nestled in a peaceful neighborhood but just minutes walking distance from all of West Asheville's attractions, this historic home features significant improvements since previous purchase and now includes a furnished, attached apartment with separate entrance and updated home-stay permit for AirBnB and short term rentals. Rent out both sides of the home for dual income or live in one and rent out the other and still earn more than the mortgage cost. Home features fenced in backyard, updated kitchen, new roof, new plumbing and sewer, new cement walkway for attached apartment, new water heater, and separate water heater for the apartment.

Listed by Kathy Gurney of Exit Realty Vistas

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$
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$/month over payments
Federal 30-year interest rate: 3.04% last updated on Apr 15, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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40 Holland Street Asheville NC 28801

Asheville, NC40 Holland Street

Price$389,000

Est. Mortgage: $/month

MLS Number CAR3721507

  • MultiFamily
  • MLS Status Active
  • Bedrooms 3
  • Square Feet 2178
  • Year Built 1925

Great location close to everything. An investor's dream in the heart of downtown Asheville. Existing home has 2 separate livable units as well as a basement with ample space to work with. The sound structure and character of this home allow the imagination to run wild. Offering the perfect opportunity for an experienced investor to renovate and resell, or hold as a rental. Being within walking distance to downtown, grocery stores, restaurants, and green ways this opportunity won't last long.

Listed by Staci Watkins and Rhionna Harris of Century 21 Mountain Lifestyles

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$
%
$/month over payments
Federal 30-year interest rate: 3.04% last updated on Apr 15, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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268 S French Broad Avenue Asheville NC 28801

MLS Number CAR3717641

  • MultiFamily
  • MLS Status Active
  • Bedrooms 5
  • Square Feet 2184
  • Year Built 1980

Location, Location and Great location - Located in downtown Asheville. Nice Corner lot. S French Broad Ave and Phifer St. Home was remodeled in 2017. Upstairs Unit A has 3 bedrooms and 2 full bathroom. downstairs Unit B has 2 bedrooms, 1 full bathroom plus a bonus room. Great Income property. Duplex Unit, both are currently rented. Rent income $2500 per month. Great Tenants and Great Rental history.

Listed by Ya Goodrum of Falcon Real Estate Corporation

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$/month over payments
Federal 30-year interest rate: 3.04% last updated on Apr 15, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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10 Miller Road E Asheville NC 28805

Asheville, NC10 Miller Road E

Price$305,000

Est. Mortgage: $/month

Active With Contract

MLS Number CAR3715006

  • MultiFamily
  • Bedrooms 3
  • Square Feet 1287
  • Year Built 1955
  • Acreage 0.15

Rare opportunity to own and collect rental income at the same time. Come see this duplex with fenced back yard in desirable Haw Creek, convenient to all Asheville has to offer. Both units are well maintained and offer up many upgrades with excellent rental history. Unit B currently leased by loyal long-term tenant. Unit A lease just expired and currently vacant to allow new owner the option of living in one unit while renting the other. Unit A is ready to rent is new owner chooses to rent both sides and is the larger of the two with 2 beds/1 bath. While Unit B is 1 bed/ 1 bath.

Listed by Sarah Lyda of RE/MAX RESULTS

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$
%
$/month over payments
Federal 30-year interest rate: 3.04% last updated on Apr 15, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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253 Riverview Drive Asheville NC 28806

Asheville, NC253 Riverview Drive

Price$649,000

Est. Mortgage: $/month

Active With Contract

MLS Number CAR3694119

  • MultiFamily
  • Bedrooms 7
  • Square Feet 4314
  • Year Built 1928
  • Acreage 0.19

Exciting Investment Opportunity in Walkable West Asheville! Profitable 6-plex to expand your portfolio. The 3 units in the main house, one unit per floor, feature newer windows, while the main & upper units have high ceilings, functioning gas fireplaces, and hardwood floors. The main level unit also has its own laundry and there is a community laundry area in the basement. The other three units are in the three story cottage in the back also have newer windows and are easily accessible from the parking area off Crestmont. The 6-plex is ideally located one block from Beachums Curve on Haywood Road and easily walkable to the River Arts District, greenway system, and New Belgium Brewery.

Listed by Luiz Leonetti and Jessi Leonetti of Town and Mountain Realty

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$
%
$/month over payments
Federal 30-year interest rate: 3.04% last updated on Apr 15, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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543 & 543 1/2 Bailey Road Asheville NC 28806

MLS Number CAR3711014

  • MultiFamily
  • MLS Status Active
  • Bedrooms 5
  • Square Feet 1639
  • Year Built 1962

Investment opportunity in West Asheville. Two units on .48 acres with potential for $2,000/month gross income. All appliances included with both units, including washers and dryers. Three bedroom home roof is 2 years old and 2 bedroom home has 5 year old roof. Tenants in place with month to month lease. County taxes and just outside of the city for guaranteed rental occupancy. One of the few multi family income producing properties left so close to town.

Listed by Karen Svites of Keller Williams - Weaverville

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$
%
$/month over payments
Federal 30-year interest rate: 3.04% last updated on Apr 15, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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237 Pisgah View Road Asheville NC 28806

Asheville, NC237 Pisgah View Road

Price$99,000

Est. Mortgage: $/month

Active With Contract

MLS Number CAR3709707

  • MultiFamily
  • Bedrooms 3
  • Square Feet 900
  • Year Built 1948
  • Acreage 0.35

Investor special! 2 homes for an amazing price convenient to West Asheville. These charming homes need some work, but have potential. Sewer could not be confirmed and there is a leak at the pipe leading to the road. Current heat source is a Kerosene heater supplied by outdoor tank. Homes do not have central air. Please do not disturb residents. Being sold AS-IS with no representations. Cash only, limited showing times. This sale will need court approval and has a 10 day upset period.

Listed by Matt Jones of Pinnacle Lifestyle Realty LLC

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$
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$/month over payments
Federal 30-year interest rate: 3.04% last updated on Apr 15, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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205 Hillside Street Asheville NC 28801

Asheville, NC205 Hillside Street

Price$750,000

Est. Mortgage: $/month

Active With Contract

MLS Number CAR3698550

  • MultiFamily
  • Bedrooms 6
  • Square Feet 4648
  • Year Built 1916
  • Acreage 0.09

Well located, historic apartment offering in north Asheville. This 6 unit building, originally built in 1916 and recently renovated in 2020 is located directly across from Jones Elementary School. Located in north Asheville just one property off Merrimon Ave.

Listed by Austin Walker of Whitney Commercial Real Estate

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$
%
$/month over payments
Federal 30-year interest rate: 3.04% last updated on Apr 15, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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239 Cedar Hill Road Asheville NC 28806

Asheville, NC239 Cedar Hill Road

Price$750,000

Est. Mortgage: $/month

MLS Number CAR3692433

  • MultiFamily
  • MLS Status Active
  • Square Feet 10415
  • Year Built 1964
  • Acreage 1.5

Located in Buncombe County but minutes to West Asheville (no city taxes), this multi-family property situated on 1.5 acres offers promising investment potential in the affordable rental market. The property consists of two parcels with a brick home, two multi-unit buildings, duplex cottage and a manufactured home. Nine current units have a historically strong occupancy rate. Unrenovated 2,500 SF, two-level brick home has many possibilities. Several partially renovated apartments in other buildings have potential to generate more income. Private road (Swager Drive) off Cedar Hill Road affords easy access to units within the complex. Convenient location 15 minutes to downtown AVL and 10 minutes to WAVL. Several units offer mountain as well as downtown views. Open-use zoning! We welcome buyers to review detailed listing materials outlining property specifications. Drone video available at the following link: https://youtu.be/L6KvlS8nOb4. Also listed as COMMERCIAL under MLS 3691578.

Listed by Christian Witt and Rob Montague of Asheville Realty Group

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$
%
$/month over payments
Federal 30-year interest rate: 3.04% last updated on Apr 15, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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69 Old Haw Creek Road Asheville NC 28805

Asheville, NC69 Old Haw Creek Road

Price$700,000

Est. Mortgage: $/month

MLS Number CAR3689416

  • MultiFamily
  • MLS Status Active
  • Square Feet 1296
  • Year Built 1972
  • Acreage 0.64

Investor Opportunity to build a multifamily project. City planners have tentatively approved entire property for 16 units. Current seller has documentation. Also possible to utilize the rear 2 lots to be divided into 3 building slots. Depending on whether current house is removed, would allow for 8 building lots. Other possibilities: Utilize the current home as a stand alone, which is currently being rented. Utilize rear portion of property as personal garage/workshop projects. Due Diligence already completed with Civil Engineering Co. & City Zoning & Planning. The home has city water/sewer. Water and sewer allocation secured for up to 22 units. Contact us for additional information. Sale to include 3 PINs: 9658375224, 965875184, 9658376148. SELLER IS A LICENSED REAL ESTATE AGENT.

Listed by Steve Bourke and Bob Bryenton of Keller Williams Professionals

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$
%
$/month over payments
Federal 30-year interest rate: 3.04% last updated on Apr 15, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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4 Farrwood Avenue Asheville NC 28804

Asheville, NC4 Farrwood Avenue

Price$349,900

Est. Mortgage: $/month

Active With Contract

MLS Number CAR3689849

  • MultiFamily
  • Bedrooms 4
  • Square Feet 2514
  • Year Built 1948
  • Acreage 0.07

4-plex opportunity in Grove Park with strong, long-term tenant history. Walking distance to the Grove Park Inn and shopping, restaurants, and bus line on Merrimon Ave. Come see this excellent opportunity! Square footage taken from tax records.

Listed by Monica Koerschner of Asheville Craft Realty LLC

$
$
%
$/month over payments
Federal 30-year interest rate: 3.04% last updated on Apr 15, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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Broker Reciprocity © 2021 by the Canopy MLS. IDX information is provided exclusively for consumers’ personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The IDX data is deemed reliable but is not guaranteed by MLS GRID and may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS.  Based on information submitted to the MLS GRID as of April 19, 2021 11:25 AM EDT . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.